# PPP loan: BERGEN SHIPPERS CORP
> **$4.76M** approved 04/10/2020 · Paid in Full · Loan `2284857100`
## Borrower
- **Name:** BERGEN SHIPPERS CORP
- **Address:** 7300 W Side Ave., NORTH BERGEN, NJ, 07047-6428
- **NAICS:** 488999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.76M
- **Initial approval:** $4.76M
- **Forgiven:** $4.81M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.57M
- **Rent:** $1.00M
- **Utilities:** $75K
- **Health care:** $50K
- **Debt interest:** $65K
- **Jobs reported:** 454
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*